Coya Beaston

(615) 969-3457
Dan Frey Home Loans
Call Coya

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$350,703$350,703$382,410
Remaining term (yrs)26.526.530.0
Secondary amount$0$31,707$0
Funding fee$1,754$1,754$0
Note rate6.26%6.26%7.24%
Blended rate6.26%6.487%7.48%
1st payment$2,259.14$2,259.14$2,606.12
2nd payment$0.00$237.80$0.00
Taxes / mo$176.67$176.67$176.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.48
HOA / mo$185.00$185.00$185.00
Total monthly$2,770.81$3,008.61$3,194.27
Cash to close$74,197$42,490$42,490